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Britain To Release Information About Nigerian Property Owners - Politics - Nairaland

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Britain To Release Information About Nigerian Property Owners by Punctual(m): 12:06pm On Apr 04, 2017
The British Government will release information about Nigerians, who own property in that country next year.

Prof. Bolaji Owosanoye, Executive Secretary, Presidential Advisory Committee against Corruption, told News Agency of Nigeria (NAN) in New York that negotiations on this had reached advanced stage.

Owosanoye said the measure being taken by the governments of both countries was aimed at stepping up the fight against corruption.

“There’s no doubt that rogues in government oppress and impoverish their people by corruption and this must be sanctioned by collective action.

“We need to make sure that there is no safe haven for corrupt officials to run to.

“Britain has promised that by 2018, she will provide Nigeria with the information about who owns what and where; that’s very helpful.

“These include all the houses that have been bought by public officials or accounts that are held by public officials on which they are right now not paying taxes or which they cannot explain the sources.

“So if you cannot buy a house in England, you have to look for somewhere else.

“But if all countries criminalise this, then it becomes much more difficult unless you want to buy the house on Mars,” he said.

The presidential aide also explained that Nigeria and other African countries, who are victims of illicit financial flows, must challenge developed countries to block illicit financial flows from developing countries.

“Receiving states – the countries of the North – need to be proactive to block the proceeds of crime even before a request is made by victim countries.

“This is because, in many situations, it is clear that illegality is taking place.

“We think that reversing the burden of proof to improve the confiscation of criminal proceeds of crime would help, especially when we are going after the asset and not necessarily the person.

“If the person who claims to own the asset would not cooperate in giving information, then this should be a point in favour of the state,” Owosanoye said.

He contended that the burden of proof for criminal proceeds should shift to the suspects and not the government, citing the case of a former Managing Director of the Nigerian National Petroleum Corporation (NNPC).

“A former Managing Director of the NNPC was found with nine million dollars cash and over 70 million naira in his house in a small place he has built.

“He said the money is a gift. He was asked if he could tell the very generous angels who gave him this money.

“He’s not been able to provide that information. That sort of disposition should be used to penalise a claimant of asset who cannot justify the origin of the asset.

“The proposed “Unexplained Wealth Order in England,’’ which hopefully we were told would pass through the legal process this year, should really help to deepen the conversation in this regard.

“It (Unexplained Wealth Order) would help to quickly recover assets,” the presidential aide said.

Owosanoye said available research records showed that about 60 per cent of capital flight from Africa came from Nigeria because of the size of its economy. (NAN)


https://www.dailytrust.com.ng/news/news/britain-set-to-unveil-nigerian-property-owners/192097.html

6 Likes 1 Share

Re: Britain To Release Information About Nigerian Property Owners by dukie25: 12:11pm On Apr 04, 2017
Some didn't buy the house in their name, use your head.

8 Likes

Re: Britain To Release Information About Nigerian Property Owners by TippyTop(m): 12:12pm On Apr 04, 2017
After revealing property owners please help us reveal the amount Bubu spent on health care in your country.


Abba Kyari is there now wasting even more millions.

31 Likes 2 Shares

Re: Britain To Release Information About Nigerian Property Owners by Kondomatic(m): 12:18pm On Apr 04, 2017
Lols
Re: Britain To Release Information About Nigerian Property Owners by Lusola15: 1:25pm On Apr 04, 2017
Let me quickly go and sell my house in London before 2018 grin grin

3 Likes

Re: Britain To Release Information About Nigerian Property Owners by EnkayDezign: 1:26pm On Apr 04, 2017
Better late than never. God bless Nigeria!

2 Likes

Re: Britain To Release Information About Nigerian Property Owners by Nobody: 1:32pm On Apr 04, 2017
Why not now?

7 Likes

Re: Britain To Release Information About Nigerian Property Owners by OreMI22: 1:34pm On Apr 04, 2017
Britain is a roundly corrupt country like Nigeria.
They will take bribes from thos people in form of property or sales taxes to allow rhem transfer the properties into fictitious names.

5 Likes 1 Share

Re: Britain To Release Information About Nigerian Property Owners by ikp120(m): 1:41pm On Apr 04, 2017
Dead on arrival sad sad sad

2 Likes 1 Share

Re: Britain To Release Information About Nigerian Property Owners by Ceema1(f): 1:49pm On Apr 04, 2017
TippyTop:
After revealing property owners please help us release the amount Bubu spent on health care in your country.
Just Shataap there plss. mtchewww.

1 Like

Re: Britain To Release Information About Nigerian Property Owners by SalamRushdie: 1:56pm On Apr 04, 2017
Another failed plot to ginger and stimulate Nigerian to vote him in 2019 ...Nonsense and DOA..Please remember that fuel price will soon be hike and realise you have not gained a single dividend from this clueless govt

5 Likes

Re: Britain To Release Information About Nigerian Property Owners by agbangam: 2:01pm On Apr 04, 2017
God bless PMB Haters will still wail. The looters and their supporters will never have peace.

3 Likes

Re: Britain To Release Information About Nigerian Property Owners by bedspread: 2:02pm On Apr 04, 2017
STORY....
TO RELEASE....
WHAT STOPS THEM FROM RELEASING ALL THESE WHILE
Re: Britain To Release Information About Nigerian Property Owners by soberdrunk(m): 2:02pm On Apr 04, 2017
The English are the biggest hypocrites on earth, always forming prim and proper, are they trying to say they didnt know that the houses were paid for with stolen money? Why didnt they nip it in the bud then, after the monies have nourished their economy, they now want to save face by releasing names angry angry

2 Likes

Re: Britain To Release Information About Nigerian Property Owners by smartty68(m): 2:03pm On Apr 04, 2017
Why wait until next year? Anyway, I'll be waiting...

1 Like

Re: Britain To Release Information About Nigerian Property Owners by ekems2017(f): 2:03pm On Apr 04, 2017
When you sold to them and take your share of the money why didn't you inform us.

2 Likes

Re: Britain To Release Information About Nigerian Property Owners by Whoeppme(m): 2:03pm On Apr 04, 2017
If my name no dey among the list FG should disregard it
Re: Britain To Release Information About Nigerian Property Owners by Mrskacone: 2:03pm On Apr 04, 2017
grin
Re: Britain To Release Information About Nigerian Property Owners by Tazdroid(m): 2:04pm On Apr 04, 2017
Hmm
Re: Britain To Release Information About Nigerian Property Owners by ileogbenfidel(m): 2:04pm On Apr 04, 2017
Uk number 1 home that aids corrupt politicians from Nigeria
Re: Britain To Release Information About Nigerian Property Owners by Tazdroid(m): 2:04pm On Apr 04, 2017
OreMI22:
Britain is a roundly corrupt country like Nigeria.
They will take bribes from thos people in form of property or sales taxes to allow rhem transfer the properties into fictitious names.
u mean fantastically corrupt grin

1 Like

Re: Britain To Release Information About Nigerian Property Owners by botad(m): 2:05pm On Apr 04, 2017
We are waiting!

1 Like

Re: Britain To Release Information About Nigerian Property Owners by ekensi01(m): 2:05pm On Apr 04, 2017
Election don the near. What if nobody vote and we have the winner with only 50 votes what will happen?
Re: Britain To Release Information About Nigerian Property Owners by Nobody: 2:06pm On Apr 04, 2017
Lol
Re: Britain To Release Information About Nigerian Property Owners by Akan(m): 2:06pm On Apr 04, 2017
This is the same UK government that is threatening to make UK a tax haven if it does not get it's way in the brexit negotiations. Believe them at your peril
Re: Britain To Release Information About Nigerian Property Owners by Tazdroid(m): 2:06pm On Apr 04, 2017
bedspread:
STORY....
TO RELEASE....
WHAT STOPS THEM FROM RELEASING ALL THESE WHILE
NORMALLY, YOU RELEASE WEN U REACH CLIMAX. DEM NEVER REACH CLIMAX UNTIL NOW grin grin

3 Likes

Re: Britain To Release Information About Nigerian Property Owners by chriskosherbal(m): 2:06pm On Apr 04, 2017
OK we are hear waiting.....2018 loading......... already .
Re: Britain To Release Information About Nigerian Property Owners by Olukat(m): 2:07pm On Apr 04, 2017
Does buying a house in the UK make someone corrupt?
What about COAS house in Dubia? Bloody hypocrite sad sad sad

1 Like

Re: Britain To Release Information About Nigerian Property Owners by arowstev2000: 2:07pm On Apr 04, 2017
noooooooooooooooo

Re: Britain To Release Information About Nigerian Property Owners by hakeem4(m): 2:12pm On Apr 04, 2017
B

1 Like

Re: Britain To Release Information About Nigerian Property Owners by Dandsome: 2:12pm On Apr 04, 2017
Okay. But if they eventually muster courage to release it, just watch and see how names of those northern APC members will be missing,especially if they're in the good books of the presidency

1 Like

Re: Britain To Release Information About Nigerian Property Owners by techgirlng(f): 2:12pm On Apr 04, 2017
This is going to be interesting...

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